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Odessa Port Plant gains profit
15.02.2012 10:47 "Agro Perspectiva" (Kyiv) —
The net profit of Odessa Port Plant (southern Ukraine) in 2011 rose to 336.133 million UAH (1 USD - 7.99 UAH) against a loss of 87.169 million UAH a year earlier, according to the stock market infrastructure development agency of the National Commission on Securities and Stock Market of Ukraine.
Net income from the company’s product sales for the year grew by 55.6%, from 3.590,096 billion UAH to 5.588,601 billion UAH, gross income 4-fold to 716.654 million UAH (in 2010 - 178.652 million UAH), operating income up to 447.553 million UAH (80.231 million UAH loss). In 2010, the plant increased net loss 35.6 times up to 87.1 million UAH. Odessa Port Plant is an open joint stock company, 100% state-owned and controlled by the State Property Fund. The main specialization of the plant is production of ammonia and urea (second largest producer in Ukraine). It also produces liquid nitrogen, carbon dioxide, liquid oxygen and sodium sulfate.
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